As the ye
winds down, we await final word on our 2018 budget.
If our levy request is approved by City Council, our 2018 budget of $15,650,000 will be funded largely by property tax ($14,583,000), with an additional $550,000 from fines and fees and $265,000 from the 2017 cash balance. Despite a 3.3% increase in our levy request, our operating budget is actually about $100,000 less for 2018 than it was in 2017.
The main reason for the increase in the levy request is that we have less cash to carry forward than we had to use in the 2017 budget. Balancing our budget through the use of cash balances is not a sustainable funding model.
The library board and staff continuously seek to use our funding effectively and efficiently. We are not expecting to add or increase any services, although we will be assessing the needs and demands of several groups including seniors.
I would like to thank the community for your continued support and use of the Naperville Public Library. I would also like to thank the library board of trustees and the staff for their hard work in making our library the best it can be.